Tuesday, July 7, 2020
A-Plus Business Plan Essay - 1375 Words
A-Plus Business Plan (Other (Not Listed) Sample) Content: A-plus Business Consulting Business PlanNameInstitutionTable of Contents TOC \o "1-3" \h \z \u HYPERLINK \l "_Toc389050060" 1.0 Executive Summary PAGEREF _Toc389050060 \h 3 HYPERLINK \l "_Toc389050061" The Company PAGEREF _Toc389050061 \h 3 HYPERLINK \l "_Toc389050062" The Market PAGEREF _Toc389050062 \h 4 HYPERLINK \l "_Toc389050063" Financial Plan PAGEREF _Toc389050063 \h 4 HYPERLINK \l "_Toc389050064" 1.1 Mission PAGEREF _Toc389050064 \h 4 HYPERLINK \l "_Toc389050065" Vision PAGEREF _Toc389050065 \h 5 HYPERLINK \l "_Toc389050066" 1.2 Strategic Plan PAGEREF _Toc389050066 \h 5 HYPERLINK \l "_Toc389050067" 1.2.1 The Management Team PAGEREF _Toc389050067 \h 5 HYPERLINK \l "_Toc389050068" 1.2.2 Market Positioning PAGEREF _Toc389050068 \h 6 HYPERLINK \l "_Toc389050069" 1.2.3 Market Segmentation PAGEREF _Toc389050069 \h 6 HYPERLINK \l "_Toc389050070" 1.3 SWOT Analysis PAGEREF _Toc389050070 \h 6 HYPERLINK \l "_Toc389050071" Competitor Analysis PAGEREF _Toc389050071 \h 7 HYPERLINK \l "_Toc389050072" 1.4 Pricing, Distribution and Communication. PAGEREF _Toc389050072 \h 7 HYPERLINK \l "_Toc389050073" 1.4.1 Implementation Plan PAGEREF _Toc389050073 \h 7 HYPERLINK \l "_Toc389050074" 1.4.2 Products and Services PAGEREF _Toc389050074 \h 7 HYPERLINK \l "_Toc389050075" 1.4.3 Pricing, Promotions and discounts PAGEREF _Toc389050075 \h 8 HYPERLINK \l "_Toc389050076" 1.5 Financial Information PAGEREF _Toc389050076 \h 8 HYPERLINK \l "_Toc389050077" 1.6 Plan Evaluation PAGEREF _Toc389050077 \h 8 HYPERLINK \l "_Toc389050078" 1.7 Key performance Metrics PAGEREF _Toc389050078 \h 9 HYPERLINK \l "_Toc389050079" References PAGEREF _Toc389050079 \h 10 A-plus Business Consulting Business Plan1.0 Executive SummaryA-Plus Consulting is a startup business consultancy firm specializing on the prov ision of comprehensive business solutions to businesses around the globe. In its specialty, the venture will focus on the provision of IT, Risk Management, Accounting and Auditing, and Project Management solutions to firms operating within the full range business cycle. In its approach, the venture aims at bringing a new breath to business consulting as it will purely focus on working with professionals. In addition to this, the venture aims at working with clients of both the low and the high end with a key focus on the low end ventures requiring such services as described in our core operations (Sloman, 2009). As he notes, the services demand is ever high.The CompanyA-Plus Consulting comprises of a team of five business consultants. Each of the consultants has specialty savvy in a particular discipline: IT, business risk, accounting, auditing, and project management. In addition to this, the services will be offered for sale both offline and online.In its operations, the venture w ill specialize in offering the clients the forenamed services as enlisted below: a) Provision of IT infrastructure, web designing, hosting and cloud computing, as well as online and offline business security; b) Provision of risk management, risk auditing, as well as outsourced risk management training services; c) Accounting services; d) Financial auditing services, forensic audit services, and financial reporting services; e) Project management and project audit services, project monitoring and evaluation, and the related capacity building services.The legitimacy of A-Plus will be based on its registration as a Limited Liability Partnership. All the five partners will further be expected to make equal contribution of the capital required in kick-starting the core business operations. The MarketA-Plus target is to work with the local market as well as with the larger international market. In its strategy, the venture plans to serve the US market, where it will be headquartered. By the end of the first year, the company targets having operations in Canada, and entering the Brazilian and UK markets by the end of the third year. With the core competitors being large international firms: Earnest Young and KPMG (Claudius, Maxwell, 2012), whose market segmentation is mainly large firms, A-plus targets working with small companys and start-ups with the prospect for large market players by the end of the first year. By remaining objective and delivering exceptionally high quality services, A-Plus prospects enjoying a large market penetration by the end of the third year. Laudon and Traveler (n.d) note that this is essential for business success for every start-up.Financial PlanEach of the five partners will be obliged to contribute $20,000 towards the required $100,000 capitation required for the capitation of the business operations. Through this, core business operations will be set on the roll. In addition to this, the venture plans to secure a 10-year loan from ABC Bank. The fund will be used in the construction of A-Plus Center where the business operations will be relocated to at the end of the first year in operation. 1.1 MissionTo be a premier and proffered business consulting service provider in the region.VisionTo offer comprehensive services to within the market through creating sustainable business operations in the areas of specialization1.2 Strategic Plan1.2.1 The Management TeamMr. Christian San, an IT expert with 16 solid years of experience in the field and past experience at Google and IBM, will head the IT services docket. He will further double as the firms CEO. On the other hand, Ms. Edna Surf, a risk management specialist with 12 years of experience at Munich Risk Consultancy, UK, will be in charge of the risk management unit. She will also double as the firms deputy CEO. The Accounting and Auditing unit will be headed by Mr. Alex Simmer. Mr. Simmer brings onboard a wealth of expertise in the field with over 25 years in Earnest Young. At Earnest Young, Mr. Simmer headed the Accounting unit for 8 years before being moved to the audit unit where he worked for 17 years. On this unit, he will be assisted by Ms. Felmer who brings on board 6 years of experience as an auditor with KPMG. Ms. Felmer will further head the business operations and public relations unit. Lastly, the Project management unit will be headed by Ms. Summer T., whose expertise spans from project management to quality assurance. She will, thus, head the project management docket as well as being in charge of quality assurance. The venture will also recruit the head of human resource unit, 3 professional accountants, 2 auditors, 4 IT specialists, 2 qualified risk specialists, and 3 project management specialists. They will facilitate the running of the core business operations. A company secretary cum receptionist will also be hired.1.2.2 Market PositioningA-Plus targets offering its services mainly to start-ups across the U.S with pr ospects of expanding to new markets by the end of the first year. Our services are in high demand; hence, it is expected that the firm will be able to deliver high quality services in all the areas of specialty.1.2.3 Market SegmentationA-Plus aims at operating its operations both online and offline. In this regard, its core services will be offered to the clients online in real-time. However, delivery of offline products such as IT infrastructure will also be done. In case of any training, A-Plus will host webinars with its clientele. His will not only cut on its operational costs but also enhance A-Plus efficiency. Video conferencing facilities will also be used in reaching the clients.During the first year, the core target market will mainly be composed of start-up companies with less than three years of operational experience. However, A-Plus targets reaching 30% of large firms in its clients by the end of its second year while attaining at least 50% balance between large firms a nd start-up firms by the end of the third year.1.3 SWOT AnalysisA-Plus has sufficient skills for running all the core business activities. Below is a SWOT analysis matrix.Strength/OpportunitiesWeakness/ThreatsAvailability of highly qualified staffs personnelLack of adequate financial resources.Access to modern and latest technologies in all specialty areas.Lack of adequate research and market feasibility on the core areas. operation.Excellent market linkages for the first clients.Lack of adequate human capital/staff. Existence...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.